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Board reallocates $4 million and approves GMP to keep early childhood center on schedule
Summary
Trustees approved a $4 million reallocation from bond repurposing funds to close a funding gap on the planned Early Childhood Center and separately approved a guaranteed maximum price to start construction.
The Leander ISD Board on Thursday approved a recommendation from the Bond Oversight Committee to reallocate $4 million from 2023 bond repurposing funds to the new Early Childhood Center project and later approved a guaranteed maximum price (GMP) for the same project.
Administration told trustees the Halsey site, a 36.6-acre parcel, is the planned location for the center, which is intended to serve prekindergarten students from six nearby elementary schools and is scheduled to open for the 2026-27 school year. The bond oversight committee recommended moving $4 million to close a funding gap caused by inflation, refined design scope and additional site work…
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